Indonesia has imposed antidumping (AD) duty on cold rolled coil and sheet imports from China, Japan, South Korea, Taiwan and Vietnam to prevent material injury to domestic producers, as reported by Indonesian newspaper Jakarta Post. The ...
Tags: CRC, Steel, Metallurgy, Mineral, Energy, cold rolled coil
In its financial results according to US GAAP (Generally Accepted Accounting Principles) for 2012, Russian steelmaker NLMK Group's net profit decreased by 56 percent compared to the previous year to $596 million due to its weaker operating ...
Tags: Metallurgy, Mineral, Energy, steel
On March 27, Liaoning Province-based Chinese steelmaker Lingyuan Iron and Steel Co. announced that it plans to issue approximately 37,837 non-public A shares aiming to raise up to RMB 1.4 billion ($225.1 million). Lingyuan Steel seeks to ...
Tags: Lingyuan Steel, Mineral, steelmaker
On Tuesday, Slovak Premier Robert Fico told the media that US Steel will not sell its steel mill in the region in exchange for environmental and energy-related concessions from the government. US Steel will receive about $19 million ...
Tags: US Steel, Slovakian Mill, Mineral
Russian steelmaker NLMK has announced that it has successfully passed an audit conducted by Det Norske Veritas (DNV), a Norwegian certification agency, to become a potential supplier of slabs for large-diameter pipe manufacturing to be used ...
Tags: NLMK, Nord Stream Extension Project, Mineral
Russian steelmaker NLMK Group has announced that it expects a 20-25 percent decline in its capital expenditure for 2013. The company's capital expenditure in 2012 decreased by 29 percent year on year to $1.45 billion. NLMK has continued its ...
Tags: NLMK, Capital Expenditure, Mineral
On March 26, Anhui Province-based Chinese steelmaker Maanshan Iron and Steel (Masteel) announced that in 2012 its operating revenue totaled RMB 74.4 billion ($11.96 billion), down by 14.33 percent year on year, while it recorded a net loss ...
Tags: Masteel, Net Loss, steelmaker
Russian steelmaker Severstal's mining subsidiary Vorkutaugol has announced that it is considering developing a new coal mine at its Usinsk deposit in Russia's northern Komi region. The new mine is expected to have an annual production ...
Tags: steelmaker, steel, coal mine
Zhejiang Province-based Chinese steelmaker Hangzhou Iron and Steel Co. has issued its financial results for 2012, announcing a net loss of RMB 379 million ($60 million) compared to net profit of RMB 299.8 million in 2011. In 2012, the ...
Tags: Steel Posts, Steel, steelmaker
On March 25, Hebei Province-based Chinese steelmaker Hebei Iron and Steel Co. Ltd announced that its plan to issue bonds worth up to RMB 5 billion ($803.9 million) has been approved by the China Securities Regulatory Commission (CSRC). ...
Tags: Hebei Steel, Steel, steelmaker
Italy's flat steel output amounted to 918,000 mt in January this year, down 28.8 percent year on year, according to the latest figures provided by Italian steel producers association Federacciai. January was the sixth consecutive month in ...
Tags: Flat Steel Output, Flat Steel, Steel Output
Indian steel producer JSW Steel plans to import 5 million mt of iron ore annually to feed its plants in Salem and Dolvi, according to media reports. The Indian steelmaker has been struggling with iron ore shortages for 18 months, like ...
Tags: steel producer, steel, steelmaker
On March 22, Hebei Province-based Chinese steelmaker Hebei Iron and Steel Group announced that in the January-February period of the current year its subsidiary Hebei Iron and Steel Group Mining Co. (Hebei Steel Mining) produced 1.2191 ...
Tags: Steel Mining, Steel, Mining
On March 21, Liaoning Province-based Chinese steelmaker Anshan Iron and Steel Group Co. announced that as of March 18 its listed subsidiary Ansteel has produced a total of 20,000 mt of 5.0 mm wire rod, indicating the end of reliance of ...
Tags: steelmaker, Iron, Steel
Metalloinvest, Russia-based leading global iron ore and HBI (hot briquetted iron) producer, and Russian steelmaker Severstal have announced the signing of a three-year contract for the supply of iron ore. The contract stipulates a total ...
Tags: iron ore, dry iron ore, iron, ore